Vermont construction contracts lagged in August


 

Tue Oct 9 2012

Vermont contracts for future construction in August were behind last year's total for the month and for the year, as commercial building was the only sector that saw improvement. Meanwhile, New Hampshire contracts showed strength in the "non-building" (roads, bridges, etc, etc) highway construction sector.

FW Dodge       
       
VERMONT Future Construction Activity       
   Aug-12  Aug-11  %Change 
     
       
Nonresidential $19,040,000 $8,054,000 136%
       
Residential $16,612,000 $25,258,000 -34%
       
Nonbuilding $37,967,000 $145,333,000 -74%
       
TOTAL CONSTRUCTION $73,619,000 $178,645,000 -59%
       
       
       
For the Year-to-date on a cumulative basis, the totals are:     
       
Year to Date 2012 2011 %Change 
       
Nonresidential $130,833,000 $150,351,000 -13%
       
Residential $138,797,000 $159,856,000 -13%
       
Nonbuilding $140,353,000 $244,447,000 -43%
       
TOTAL CONSTRUCTION $409,983,000 $554,654,000 -26%
       
       
       
NEW HAMPSHIRE Future Construction Activity       
   Aug-12  Aug-11  %Change 
     
       
Nonresidential $48,949,000 $45,563,000 7%
       
Residential $58,154,000 $36,269,000 60%
       
Nonbuilding $71,463,000 $24,860,000 187%
       
TOTAL CONSTRUCTION $178,566,000 $106,692,000 67%
       
       
       
For the Year-to-date on a cumulative basis, the totals are:     
       
Year to Date 2012 20011 %Change 
       
Nonresidential $329,234,000 $595,368,000 -459%
       
Residential $314,036,000 $298,461,000 5%
       
Nonbuilding $477,217,000 $211,577,000 103%
       
TOTAL CONSTRUCTION $1,120,487,000 $1,105,406,000 1%
       
       
       
Source: FW Dodge, New York       
       
Numbers are for the value of projects under contract.    
       
Nonresidential buildings include commercial, manufacturing, educational, religious, administrative, recreational, hotel, dormitory, and other buildings. 
       
Residential buildings include one and two family houses and apartments.   
       
Nonbuilding construction includes streets and highways, bridges, dams and reservoirs, river and harbor developments, sewage and water supply systems, missile and space facilities, airports, utilities and communication systems.